How much funding has Thea Energy raised?

Thea Energy has raised $160.0M in total funding, most recently a Series B round.

Who are Thea Energy's investors?

Thea Energy's investors include Prelude Ventures, U.S. Innovative Technology Fund, Hitachi Ventures, Lowercarbon Capital, 11.2 Capital, Anglo American.

When was Thea Energy founded?

Thea Energy was founded in 2022.

Where is Thea Energy headquartered?

Thea Energy is headquartered in Kearny, New Jersey, United States.

What industry is Thea Energy in?

Thea Energy operates in Clean Energy, Energy.

How many employees does Thea Energy have?

Thea Energy has 51-200 employees.

Thea Energy

Reinventing the Stellarator

Kearny, United States · Founded 2022 · $160.0M raised

Clean Energy

Energy

Headquarters: Kearny, New Jersey
Employees: 51–200
Founded: 2022
Business Model: B2B

Website: thea.energy
Total Funding: $160.0M
Last Round: $100.0M Series BMay 2026
Rounds: 4

About

Thea Energy leverages breakthroughs in stellarator physics and engineering to commercialize fusion energy. Founded in 2022 from Princeton University research, the company builds planar-coil stellarator systems using mass-manufacturable magnets and software controls to deliver scalable, steady-state, zero-emission baseload power.

Summary

Thea Energy is a Clean Energy company based in Kearny, United States, founded in 2022. It has raised $160.0M in total across 4 rounds, most recently a $100.0M Series B round in May 2026. Investors include Prelude Ventures, U.S. Innovative Technology Fund and Hitachi Ventures.

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